The San Francisco Metropolitan Division’s unemployment rate fell to 4.5% in the most recent (August) month available, down from 4.8% in July and 5.5% one year earlier, according to the State of California Employment Development Department. Total nonfarm employment climbed by 35,500 positions over the past twelve months.
More specifically, retail trade positions climbed by 1,000 (+1.1%), leisure and hospitality was up by 7,400 (+5.1%) and the office using sector (information, financial activities and professional and business services) jumped by 15,100 positions.
Source : Cushman & Wakefield